The total amount owed after 6 months will be found using the formula:
FV=P(1+r/100*n)^n
P=principle=$10000
r=rate=18%
n=terms=0.5
FV=10000(1+18/2*100)^0.5
FV=$10,440.30651
Thus the amount owed will be $10440.30651
Answer:
The school where the donut and coffee day will take place.
The number of boxes of donuts the PTO bought.
The number of cups of coffee the PTO bought.
Let C be the total charge and t be the rental time in hours.
C = ht + 43
Plugging the given values into the equation, we get:
64 = 7h + 43
7h = 21
h = 3
The hourly fee is $3.00 per hour.
Answer:
The distance between the ice cream shop and Joe's house is the same as the distance between the ice cream shop and the park. So Joe is not closer to the park or his house, he is in the middle.
Step-by-step explanation:
We consider that the ice cream shop is the zero value in the number line. We assume that going north is positive (right side of the number line) and going south is negative (left side of the number line).
The house position is 10 block north of the ice cream shop, so it is represented by the integer 10.
The park is 10 blocks south of the ice cream shop, so it is represented by the integer -10.
The lower absolute value of the integer, the closer position from the ice cream shop.
If we calculate the absollute value of the House position:
|10|=10
Then, we calculate the the absollute value of the Parkposition
|-10|=10
In conclusion, the distance between the ice cream shop and Joe's house is the same as the distance between the ice cream shop and the park. Joe is in the middle.
Alright, so. In other words we're finding what is the interest amount of 1,000,000 at 15%. So:
1,000,000 x .15 = 150,000.